Blythedale Childrens Hospital

Analysis

Blythedale Childrens Hospital is a registered charity in United States, based in Valhalla, NY. It received its IRS tax-exemption ruling in September 1952, 74 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blythedale Childrens Hospital reported income of $112.0m and spending of $102.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $84.7m to $112.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Blythedale Childrens Hospital sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Riverside Community Care Inc ($111.9m), Lovelace Biomedical Research Institute ($112.1m) and Erie Family Health Center Inc ($111.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $3.6m (3.5% of expenses). Other salaries and wages came to $45.9m. At year end it held assets of $271.3m against liabilities of $32.1m, net assets of $239.2m. It reported 715 employees.